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B Treasury Capital ABFRA:X4L -1.91%19 Debt-to-Equity is 0.03 as of Jun. 2026, which is 50% above its 10-year median of 0.02. GuruFocus rates FRA:X4L with a GF Score™ of 19/100. Among 609 Capital Markets companies, B Treasury Capital AB ranks better than 88.18% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for B Treasury Capital AB's Debt-to-Equity or its related term are showing as below:
FRA:X4L'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.02 Max: 0.03
Current: 0.03
During the past 1 years, the highest Debt-to-Equity Ratio of B Treasury Capital AB was 0.03. The lowest was 0.02. And the median was 0.02.
FRA:X4L's Debt-to-Equity is ranked better than 88.18% of 609
companies
in the Capital Markets industry
Industry Median: 0.32
vs FRA:X4L: 0.03
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
B Treasury Capital AB Debt-to-Equity Related Terms
B Treasury Capital AB Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for B Treasury Capital AB's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
B Treasury Capital AB Debt-to-Equity Chart
B Treasury Capital AB Annual Data
Trend
Dec25
Debt-to-Equity
0.02
B Treasury Capital AB Quarterly Data
Mar25
Sep25
Dec25
Mar26
Jun26
Debt-to-Equity
N/A
0.02
0.02
0.03
0.03
FRA:X4L vs MS, GS, SCHW: Debt-to-Equity Comparison
For the Capital Markets subindustry, B Treasury Capital AB's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
B Treasury Capital AB Debt-to-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, B Treasury Capital AB's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where B Treasury Capital AB's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
B Treasury Capital AB (FRA:X4L) has a Debt-to-Equity of 0.03 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on B Treasury Capital AB and its competitors. This is 50% above median its historical median of 0.02. Over the past decade, B Treasury Capital AB's Debt-to-Equity has ranged from 0.02 to 0.03. According to the industry distribution chart, B Treasury Capital AB ranks #72 out of 609 companies in the Capital Markets industry, placing it in the top 11.8%.
Is B Treasury Capital AB's Debt-to-Equity too high?
B Treasury Capital AB's current Debt-to-Equity of 0.03 is 50% above median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.03. The Capital Markets industry median Debt-to-Equity is 0.32. B Treasury Capital AB's value of 0.03 is 90.6% below this industry median. Based on the distribution chart, B Treasury Capital AB ranks #72 out of 609 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, B Treasury Capital AB has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does B Treasury Capital AB's Debt-to-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, B Treasury Capital AB ranks #72 out of 609 companies for Debt-to-Equity. This places B Treasury Capital AB in the top 12% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.32. B Treasury Capital AB's value of 0.03 is 90.6% below this benchmark. Historically, B Treasury Capital AB's own Debt-to-Equity has ranged from 0.02 to 0.03 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 0.32, B Treasury Capital AB has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.32, based on 609 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. B Treasury Capital AB's current Debt-to-Equity of 0.03 is 90.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on B Treasury Capital AB and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B Treasury Capital AB's current Debt-to-Equity is 0.03, which is 50% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B Treasury Capital AB stock overvalued right now?
B Treasury Capital AB (FRA:X4L) has a current Debt-to-Equity of 0.03. The current Debt-to-Equity is 0.03, which is 50% above median its 10-year median of 0.02 and 90.6% below the Capital Markets industry median of 0.32. B Treasury Capital AB's overall GF Score™ is 19/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For B Treasury Capital AB (FRA:X4L), the current Debt-to-Equity is 0.03 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
B Treasury Capital AB is a Sweden-based company that operates in the financial markets. The company specializes in cryptocurrency trading, and focuses on acquiring, securing and maintaining Bitcoin as part of a long-term capital approach. The company aims to gradually increase Bitcoin reserves in relation to outstanding shares, while minimizing risk, leverage or dilution.
19GF Score
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